Update: Libyan Oil Production Begins To Trickle In Post-Gadhafi Era

After an eight-month civil war that culminated in the death of Moammar Gadhafi, oil production in Libya is showing some signs of resurgence. Some sources say production is moving more swiftly than expected, but on the other hand most reports indicate that the current oil output is about one-third of what it was before the war.The bottom line is that will take some time for Libya to resume its pre-war production level. A production-recovery timeline is difficult, if not impossible, to establish at this juncture. But one thing is assured:...